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-   -   Rising cost of living (https://www.cableforum.uk/board/showthread.php?t=33710461)

Carth 28-10-2021 10:39
Re: Rising cost of living
 
Market Manipulation . . nothing new, in fact Bitcoin thrives on it :D

jfman 28-10-2021 10:48
Re: Rising cost of living
 
Quote:
Originally Posted by OLD BOY (Post 36099010)
Shorting is all about ensuring that capitalism works as it should. It's not about employees, they are simply amongst those who lose out.

This link may be of interest, but there are plenty of other links out there too.

https://www.cnbc.com/2018/10/05/expe...r-markets.html
The link is of no particular interest to be fair.

Any time I hear something “can be beneficial” the cynical part of me assumes for the majority of the time it probably isn’t. Asking someone who has likely benefitted financially from short selling their opinion on the matter isn’t likely to evoke an impartial response.

Carth 28-10-2021 12:56
Re: Rising cost of living
 
Quote:
Originally Posted by jfman (Post 36099022)
The link is of no particular interest to be fair.

Any time I hear something “can be beneficial” the cynical part of me assumes for the majority of the time it probably isn’t. Asking someone who has likely benefitted financially from short selling their opinion on the matter isn’t likely to evoke an impartial response.
:Yes: :clap:

Same as you never hear a car salesperson tell you "I had one of these once, right bag of crap, couldn't wait to get rid of it"

:D

papa smurf 28-10-2021 13:36
Re: Rising cost of living
 
Quote:
Originally Posted by Carth (Post 36099038)
:Yes: :clap:

Same as you never hear a car salesperson tell you "I had one of these once, right bag of crap, couldn't wait to get rid of it"

:D
Not everyone buys a ford:erm:

Paul 28-10-2021 20:06
Re: Rising cost of living
 
How about we get back to the topic.

Taf 28-10-2021 20:35
Re: Rising cost of living
 
I visited a local indoor market yesterday for the first time in almost a year. Meat prices were extortionate, some almost double what the supermarkets charge. One of the butchers told me that sales are "flatter than Twiggy" since they were all bought out by a sole vendor. "Mark-ups were always high, but now they are stupid, no-one wants to buy any of it".

Hom3r 29-10-2021 10:37
Re: Rising cost of living
 
Quote:
Originally Posted by tweetiepooh (Post 36098468)
Things I hate about current trading
1)Selling short - this is just evil, betting on company failing and making money on someone's misery. I'd like to see this banned.
2)Futures - setting prices in advance. You should pay based on costs and yield. If it's a bad year but predicted good farmers get a pittance, and I bet sellers then hike prices as it's a bad year. Of course if it's a good year but predicted bad then farmers can make a profit and the sellers hold their high prices, based on expected, anyway and make more profit.

Back in the early days of Apple one of the founders sold his shares in Apple for $800.


Today those shares are worth over $20,000,000,000.

Jimmy-J 29-10-2021 13:04
Re: Rising cost of living
 
Our local taxi fares have gone up, and I've been told that they've started to charge when they're stuck in traffic.

Jaymoss 29-10-2021 13:07
Re: Rising cost of living
 
Quote:
Originally Posted by Jimmy-J (Post 36099202)
Our local taxi fares have gone up, and I've been told that they've started to charge when they're stuck in traffic.
I thought they always did ?

Jimmy-J 29-10-2021 13:16
Re: Rising cost of living
 
Not as far as I know, the trip meter works using satellite positioning I think? So when the taxi is stationary, there's usually no charge.

OLD BOY 29-10-2021 13:29
Re: Rising cost of living
 
Quote:
Originally Posted by Jimmy-J (Post 36099207)
Not as far as I know, the trip meter works using satellite positioning I think? So when the taxi is stationary, there's usually no charge.
A charge seems reasonable. I don’t expect taxi drivers to work for no income. Whether you are moving or stuck in traffic, the taxi driver is still at the wheel and needs to feed his family.

If the traffic is bad and you don’t want to pay extra, there’s always the bus…

Taf 29-10-2021 13:36
Re: Rising cost of living
 
Here in Cardiff, the basic fee is £4.00, the kilometer price is £1.06. For standing and waiting time, £15.00 is charged per hour.

So yes, you pay whilst stuck in traffic.

With 20mph speed limits being imposed all over the place, journey times have become longer, so fares will rise.

Jaymoss 29-10-2021 13:37
Re: Rising cost of living
 
Quote:
Originally Posted by Jimmy-J (Post 36099207)
Not as far as I know, the trip meter works using satellite positioning I think? So when the taxi is stationary, there's usually no charge.
https://www.nidirect.gov.uk/articles/taxi-fares

http://everything4taxis.co.uk/tariff1.htm

https://www.southtyneside.gov.uk/art...rs-and-charges

these all have charges for waiting time. As i said I was always under the impression there were in traffic charges as the same journey on the meter costs often varied when there was traffic to be stuck in

Hom3r 29-10-2021 13:38
Re: Rising cost of living
 
Quote:
Originally Posted by OLD BOY (Post 36099211)
A charge seems reasonable. I don’t expect taxi drivers to work for no income. Whether you are moving or stuck in traffic, the taxi driver is still at the wheel and needs to feed his family.

If the traffic is bad and you don’t want to pay extra, there’s always the bus…

You've obviously never had to rely on a bus service

Jimmy-J 29-10-2021 13:54
Re: Rising cost of living
 
Quote:
Originally Posted by OLD BOY (Post 36099211)
A charge seems reasonable. I don’t expect taxi drivers to work for no income. Whether you are moving or stuck in traffic, the taxi driver is still at the wheel and needs to feed his family.

If the traffic is bad and you don’t want to pay extra, there’s always the bus…
We have to use a taxi once a week, the rest of the time I use my free bus pass. So I definitely wouldn't order a taxi if we didn't need one.


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